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§ 12-610.2. Changing finance charge

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 12. Credit Regulations
Subtitle 6. Retail Installment Sales (Refs & Annos)
Part II. Installment Sales
MD Code, Commercial Law, § 12-610.2
§ 12-610.2. Changing finance charge
A holder may not enter into a retail installment sales agreement, providing for an initial rate of finance charge pursuant to § 12-609(f) or § 12-610(3) of this subtitle, which contains a provision that permits the holder to increase or decrease the applicable rate of finance charge from time to time during the term of an agreement.

Credits

Added by Acts 1982, c. 753, § 1, eff. July 1, 1982. Amended by Acts 1992, c. 22, § 1.
MD Code, Commercial Law, § 12-610.2, MD COML § 12-610.2
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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